company in albany, new york. so, mr. johnson, tell me, how do we distribute the weight of what's pull the market down? is it the fears in europe? is it the fears about the fiscal cliff? >> it's hard to tell which is more important. they're both very important, and, you know, today sort of dramatized both. the european union formally reduced its forecast for what's going to happen to the european union, their economy, in 2013, and they reduced it very, very sharply. that's very bad news. it's particularly bad news for any u.s. company that's doing business with europe or sell things to europe. obviously, their revenues and their earnings are going to suffer from that. so that's a big it. and the other part of it is the concerns, the ongoing concerns about the fiscal cliff, meaning the automatic increase in taxes and spending cuts that are going to occur at the federal government left at the end of this year, unless something is done about it. and the belief is that, you know, with things being sort of unchanged in washington, obama winning, the republicans still controlling the house o
